Borrowing

 

 

As a Financial Adviser I can apply for your home loan with a bank or other lenders that offer:
 – Competitive interest rates from BNZ, Westpac and Sovereign Home Loans.
 – Loans up to 95% of a property’s value* for first home buyers with building of new home and land
purchase, subject to 5% deposit** and sufficient income.
Here is an indication of loan repayments for residential home loans when the interest rate is:
4.35% p.a. Fixed 3 years       Loan Valuation Ratio greater than 80%
LOAN Fortnightly Monthly Deposit Purchase
AMOUNT Repayment Repayment 5% in Auckland
  30 Years 
$570,000 $1,309.01 $2,837.53 $30,000 $600,000
$579,500 $1,330.83 $2,884.82 $30,500 $610,000
$589,000 $1,352.64 $2,932.11 $31,000 $620,000
$598,500 $1,374.46 $2,979.40 $31,500 $630,000
$608,000 $1,396.28 $3,026.70 $32,000 $640,000
$617,500 $1,418.09 $3,073.99 $32,500 $650,000
BNZ Fixed 2 years 4.79 down BNZ Fixed 2 years Special 3.99 down
BNZ Fixed 2 years Investor 4.09 down
       Fixed 3 years 4.99 down        Fixed 3 years Special 4.49 down
Wpac Fixed 2 years 4.79 down Wpac Fixed 2 years Special 4.29 down
       Fixed 3 years 5.19 down        Fixed 3 years Special 4.49 down
Sov HL Fixed 2 years 4.69 down Sov HL Fixed 2 years Special 4.29 down
       Fixed 3 years 4.89 up        Fixed 3 years Special 4.49 up
Sov HL Fixed 2 years 4.19 $300K-$749K Sov HL Fixed 2 years 4.19 over $750K
       Fixed 3 years 4.35 $300K-$749K Fixed 3 years 4.29 over $750K
* The ‘property’s value’ is the value nominated in the registered valuer’s report, or the purchase price, whichever is the lower.
** Special lending criteria applies for a 10% deposit, under Welcome Home Loans terms and conditions from Westpac. Maximum purchase price in Auckland is $600,000 for an existing dwelling. Maximum joint income is $130,000. Low Equity Fee will apply, which varies from bank to bank.            

** Special lending criteria applies for a 5% deposit, under building of new home and land purchases. Maximum purchase price in Auckland is $650,000 for a new dwelling. Low Equity Fee will apply, which varies from bank to bank.